OCI Partners LP (NYSE: OCIP) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Units. The company plans to sell 17.5 million common units and sees an offering price of $19 to $21 per unit. The company plans to list on the New York Stock Exchange under the symbol “OCIP."

The offering is being made through BofA Merrill Lynch, Barclays, and Citigroup.

Financial summary: "We acquired our facility (which had been idled by the previous owners since 2004) in May 2011, commenced an upgrade that was completed in July 2012 and began operating our facility at full capacity in the fourth quarter of 2012. Our newly renovated facility began ammonia production in December 2011 and began methanol production in July 2012 (with no significant methanol production until August 2012), with revenues first generated from ammonia sales in the first quarter of 2012 and from methanol sales in the third quarter of 2012. For the three months ended March 31, 2013, our net income and EBITDA, on a pro forma basis, were approximately $56.5 million and $65.2 million, respectively. Subject to certain assumptions, we expect our net income and EBITDA to be approximately $167.3 million and $201.8 million, respectively, for the twelve months ending June 30, 2014."

OCI Partners is a Delaware limited partnership formed in February 2013 to own and operate a recently upgraded, integrated methanol and ammonia production facility that is strategically located on the Texas Gulf Coast near Beaumont.